Commenting on Sekhri’s promotion, Gopal Srinivasan, the Chairman and Managing Director of TVS Capital Funds, said in a statement, “This is part of our continued efforts to institutionalise TCF and take the fund to the next level. I am confident that Gaurav’s expertise in B2B product software and logistics and his wealth of experience will continue to help TVS Capital in its focus on supporting next-generation entrepreneurs, to build successful businesses.”
Gaurav Sekhri, Partner, TVS Capital Funds, expressed enthusiasm for his new role, saying, “I am delighted with this announcement. Will continue to work hard and stand committed to our focus of empowering next-gen entrepreneurs and delivering value to all our business partners.”
TVS Capital Funds has raised around Rs 3,500 crore so far and continues to invest in tech-driven businesses in financial and B2B services. The company has been strengthening its leadership team with strategic additions such as Anuradha Ramachandran, as the Managing Partner – Investments, and Krishna Ramachandran, as the Managing Partner and COO. These moves are aimed at building robust institutional capability for the firm.
TVS Capital Funds is one of the largest domestic capital PE Funds, with an AUM of nearly Rs 2,000 crore in its current Fund. Its third fund backs top-quality next-gen entrepreneurs piloting technology-driven businesses in financial services and B2B or enterprise services. It empowers them with capability capital and helps them build great businesses. Category focus, led by best ideas and combined with an established network of advisors, enables the fund its right to win. TVS Capital plans to raise its next venture growth fund in 2023.
